Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

IVE GROUP LIMITED Capital/Financing Update 2018

Nov 21, 2018

65109_rns_2018-11-21_5a614b78-6488-4b05-bb90-5b3f0312aab1.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

IVE Group Limited ABN 62 606 252 644

==> picture [78 x 43] intentionally omitted <==

Level 3 35 Clarence Street Sydney NSW 2000 P+61 2 9089 8550 ivegroup.com.au

Franklin WEB NSW Officially Opened

22 November 2018

Following the final phase of completion, IVE Group Limited (ASX: IGL) has officially opened its new $53 million Franklin WEB NSW (a division of Blue Star Group) operation.

https://vimeo.com/ivegroup/franklin-web-nsw-time-lapse

Executive Chairman of IVE, Geoff Selig said “the recent opening concludes the most significant investment program the marketing and print communications sector has seen for many years. Our investment is a huge vote of confidence in the robustness of the sector itself and in our capacity as a business to execute major initiatives effectively. Throughout this entire period we continued as always to support and deliver for our customers, something we are incredibly proud of”

The commitment to establishing the Franklin WEB NSW operation was driven by a material increase in new revenue for the Company and a desire to more effectively balance capacity between NSW and Victoria to better service national retailers and publishers. The highly automated production environment across both Franklin WEB sites in NSW & Victoria ensures enhanced speed to market, and that the Company remains a highly automated low cost producer.

For further information contact:

Warwick Hay Managing Director + 61 424 056 031